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Donald Trump stands behind a podium while pointing a finger in front of him.
‘People are trying to be creative’: Tariff-battered American companies are so cash-starved they are using refund claims as collateral for loans

“It’s coming to the point where some people might have no choice,” one CEO told Fortune, saying more firms are looking to leverage refund claims from the levies.

By Sasha RogelbergApril 12, 2026
A Starbucks barista stands behind a cash register.
Starbucks’ game plan to roll out AI chatbots at cafés could serve as a ‘litmus test’ for the industry, analyst says
By Sasha RogelbergApril 11, 2026
The Navy confirmed an ‘abundant amount’ of Uncrustables when the Artemis II crew lands. Smucker’s just offered them a lifetime supply
The Navy confirmed an ‘abundant amount’ of Uncrustables when the Artemis II crew lands. Smucker’s just offered them a lifetime supply
By Catherina GioinoApril 10, 2026
Nutella seen aboard the Orion spacecraft Integrity.
Nutella jumps on the best product placement money can’t buy: A trip to the far side of the Moon
By Catherina GioinoApril 9, 2026
JFK, jr and Carolyn Bessette walk their dog in New York City.
Levi’s 517 jeans sales jump 25% thanks to ‘Love Story’ and the Carolyn Bessette Kennedy effect
By Molly Liebergall and Morning BrewApril 9, 2026
erewhon
Americans hate the economy so much, they’re buying $22 smoothies
By Yuanyuan (Gina) Cui, Patrick Van Esch and The ConversationApril 9, 2026
Latest Stories
Trump says U.S. Navy to impose Hormuz blockade after Iran ceasefire talks end with no deal. ‘No one who pays an illegal toll will have safe passage’
PoliticsTrump says U.S. Navy to impose Hormuz blockade after Iran ceasefire talks end with no deal. ‘No one who pays an illegal toll will have safe passage’
By Munir Ahmed, Josh Boak, Sam Metz, Samy Magdy and The Associated PressApril 12, 2026
NEW YORK, NEW YORK - JULY 26: A view of Poppi drinks at #BFE (Big Flavor Energy) "poppi hour" at Azul On the Rooftop at Hotel Hugo on July 26, 2022 in New York City.
C-SuiteThis TikTok sensation sold her startup for $2 billion. Now Pepsi is letting ‘Poppi be Poppi’
By Eva RoytburgApril 12, 2026
A woman measures a little boy's height against the kitchen wall
Economy‘Almost unmanageable’: Raising a child in the U.S. now costs more than $300,000
By Jacqueline MunisApril 12, 2026
trump
North AmericaAs Iran peace talks fail, Trump and Joe Rogan watch a hobbled fighter triumph in a brutal cage match
By The Associated PressApril 12, 2026
haiti
EnergyHaiti stares down starvation as Iran War drives 200,000 into acute food emergency status
By Evens Sanon, Danica Coto and The Associated PressApril 12, 2026
cars
Economy‘I just keep seeing a lot of different aspects of life getting more expensive’: New car prices are up 30% over 6 years
By Alexa St. John and The Associated PressApril 12, 2026
$12 billion crypto company boss says Gen Z ‘create an absurd amount of chaos’ and make him want to pull his hair out—but he’s betting on them anyway
Success$12 billion crypto company boss says Gen Z ‘create an absurd amount of chaos’ and make him want to pull his hair out—but he’s betting on them anyway
By Orianna Rosa RoyleApril 12, 2026
View of the Augusta National Golf Club
Real EstateA 93-year-old refused to sell her home to the Masters golf course that’s spent $280 million on expansion: ‘Money ain’t everything’
By Marco Quiroz-GutierrezApril 12, 2026
More RetailPage 29 of 100
Creative head Donatella Versace to step down at Versace amid Prada takeover speculation
RetailCreative head Donatella Versace to step down at Versace amid Prada takeover speculation
By AFPMarch 13, 2025
  • A trader works at the New York Stock Exchange in New York, the United States
    FinanceStocks sink as tariff back-and-forth roils trading: markets wrap
    By Rita Nazareth and BloombergMarch 6, 2025
Signs of recovery for John Lewis after strategic reset, but ‘the best is yet to come’
CommentarySigns of recovery for John Lewis after strategic reset, but ‘the best is yet to come’
By Andrew BusbyMarch 13, 2025
Frédéric Arnault speaking on stage
SuccessLVMH heir Frédéric Arnault will become CEO of the brand that popularized ‘quiet’ luxury. What could this mean for the French giant’s succession plan?
By Prarthana PrakashMarch 13, 2025
Roomba creator iRobot was once courted by Amazon for a vacuum revolution. Now, it might go out of business
TechRoomba creator iRobot was once courted by Amazon for a vacuum revolution. Now, it might go out of business
By Irina IvanovaMarch 13, 2025
John Lewis profit jumps as turnaround wins back shoppers
RetailJohn Lewis profit jumps as turnaround wins back shoppers
By Sabah Meddings and BloombergMarch 13, 2025
IRS’s free electronic tax filing program could get cut despite its success after Elon Musk says DOGE ‘deleted’ government tech group that created it
RetailIRS’s free electronic tax filing program could get cut despite its success after Elon Musk says DOGE ‘deleted’ government tech group that created it
By Fatima Hussein and The Associated PressMarch 13, 2025
  • President Donald Trump
    FinanceTrump delays Canada, Mexico tariffs for goods under USMCA
    By Josh Wingrove, Bloomberg and Jennifer A. DlouhyMarch 6, 2025
Tesla doomed in Europe? Not so fast
CommentaryTesla doomed in Europe? Not so fast
By James MorrisMarch 13, 2025
Jeff Ware, president of Resurgence Brewing Company, poses for a portrait near a stockpile of aluminum cans, which are sourced from Canada, Thursday, Feb. 27, 2025, in Buffalo, N.Y.
PoliticsTrump’s 25% tariffs on steel and aluminum imports force up prices for American necessities from soda cans to airplanes
By Dee-Ann Durbin, Anne D'Innocenzio and The Associated PressMarch 12, 2025
U.S. President Donald Trump speaks as he signs executive orders in the Oval Office of the White House on March 06, 2025 in Washington, DC.
FinanceCanada and the EU launch billions in new tariffs on American goods from beef to bourbon in retaliation against Trump
By Lorne Cook, David McHugh, Rob Gillies and The Associated PressMarch 12, 2025
Walmart pushing grocery carts outside of a store in China
RetailWalmart’s answer to tariffs was to pressure Chinese suppliers to lower costs. A supply-chain expert says the Chinese government will not take that lightly
By Paolo ConfinoMarch 12, 2025
Hands reach inside an egg case
RetailEggs in America are now 60% more expensive than they were last year, report shows
By Christopher Rugaber and The Associated PressMarch 12, 2025
  • Worker in orange Home Depot apron scans a purchase
    RetailHome Depot turns to AI to answer online shoppers’ questions
    By Jaewon Kang and BloombergMarch 6, 2025
A shopper carrying Zara bags in California.
RetailZara parent Inditex’s shares plunge 8% after a slow start to the year with reluctant shoppers and market uncertainty
By Prarthana PrakashMarch 12, 2025
Roche, Zealand Pharma in $5.3 billion pact for obesity drugs
RetailRoche, Zealand Pharma in $5.3 billion pact for obesity drugs
By Paula Doenecke, Naomi Kresge and BloombergMarch 12, 2025
U.S. President Donald Trump addresses a joint session of Congress at the U.S. Capitol on March 04, 2025 in Washington, DC.
FinanceFears of a recession are rising as stocks turn down and Trump continues to press tariffs
By Christopher Rugaber and The Associated PressMarch 12, 2025
Disney CEO Robert Iger attends the 97th Annual Academy Awards at the Dolby Theatre in Hollywood, California on March 2, 2025.
FinanceCEO pay is surging amid a roaring bonus rebound
By Amanda GerutMarch 12, 2025
In a striking change of tone, Tesla mega bull Dan Ives warns Elon Musk that patience is ‘wearing thin’
TechIn a striking change of tone, Tesla mega bull Dan Ives warns Elon Musk that patience is ‘wearing thin’
By Jessica MathewsMarch 11, 2025
Kohl’s new CEO has a massive cleanup job ahead of him as shares plunge to their lowest point since 1995
LeadershipKohl’s new CEO has a massive cleanup job ahead of him as shares plunge to their lowest point since 1995
By Phil WahbaMarch 11, 2025
customer walking into Kohl's
RetailKohl’s had an even worse quarter than Wall Street expected with net sales plummeting nearly 10% in the aftermath of layoffs and store closures
By Sydney LakeMarch 11, 2025
A man holds a cardboard sign in front of a Tesla storefront that reads, "Boycott Tesla!!"
RetailWhite House says Trump will make good on promise to ‘buy a brand-new Tesla’ as a show of confidence in Elon Musk
By Sasha RogelbergMarch 11, 2025
Coscto worker checking receipt
RetailCostco workers now officially make $31 an hour—and can expect raises for the next two years
By Retail BrewMarch 11, 2025
Fernando Fernandez
LeadershipUnilever’s new CEO wants to make the Dove soap maker popular with influencers as a ‘machine of content creation’
By Prarthana PrakashMarch 11, 2025
A view on two airplanes of the AirFrance KLM Group, parked at the gate of Paris Charles de Gaulle international Airport. Roissy en France, Paris, Ile de France, France. KLM and Air France.
RetailEurope’s airlines are plunging in value as Trump recession warnings threaten Americans’ ‘unbelievable’ spending power abroad
By Ryan HoggMarch 11, 2025
Record earnings at Lego as CEO says Trump’s tariffs are ‘not what keeps me awake at night’
RetailRecord earnings at Lego as CEO says Trump’s tariffs are ‘not what keeps me awake at night’
By AFPMarch 11, 2025
Volkswagen hit hard by the shift to EVs, as profits plunge 30% and Chinese competition continues
RetailVolkswagen hit hard by the shift to EVs, as profits plunge 30% and Chinese competition continues
By AFPMarch 11, 2025
President Trump Announces TSMC Investment
Politics‘Trumpcession’ fears spike after Trump refuses to promise economic growth will continue
By Christiaan HetznerMarch 10, 2025
Logo of failed company Synapse breaking into shattered pieces
NewslettersThis wunderkind’s first startup went bankrupt, leaving $200 million in customer assets frozen. Yet VCs are still throwing money at him
By Leo SchwartzMarch 10, 2025
Justice Department opens antitrust probe into egg price spike
RetailJustice Department opens antitrust probe into egg price spike
By Kim Chipman, Josh Sisco, Leah Nylen and BloombergMarch 8, 2025
Lara Trump and Eric Trump attend U.S. President Donald Trumps address to a joint session of Congress at the U.S. Capitol on March 04, 2025 in Washington, DC.
FinanceTrump company sues ‘woke’ Capital One for canceling accounts
By Erik Larson and BloombergMarch 7, 2025
Target is being boycotted for 40 days for Lent over its decision to drop DEI initiatives
RetailTarget is being boycotted for 40 days for Lent over its decision to drop DEI initiatives
By Wyatte Grantham-Philips and The Associated PressMarch 7, 2025
President Donald Trump addresses a joint session of Congress at the Capitol in Washington, Tuesday, March 4, 2025.
PoliticsWhy automakers’ short reprieve from tariffs isn’t enough to weather Trump’s escalating trade war
By Alexa St. John and The Associated PressMarch 6, 2025
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Politics
'This is the last warning.' Iran threatens U.S. warships after they throw down the gauntlet for winner-take-all Strait of Hormuzplaceholder alt text
By Fortune EditorsApril 11, 2026
Future of Work
Palantir CEO says AI ‘will destroy’ humanities jobs but there will be ‘more than enough jobs’ for people with vocational trainingplaceholder alt text
By Fortune EditorsApril 11, 2026
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The 'affordability economy' has created a housing market nobody predicted: Prices collapsing in the Sun Belt, soaring in the Rust Beltplaceholder alt text
By Fortune EditorsApril 11, 2026
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